• Title/Summary/Keyword: financial development

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Analysing the Effects of Regional Development Project on Regional Economic Development: An Application of System Dynamics Approach (시스템다이내믹스를 이용한 지역개발사업의 파급효과분석)

  • Choi, Young-Chul
    • Korean System Dynamics Review
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    • v.6 no.1
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    • pp.147-176
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    • 2005
  • This paper attempts to analyse the financial validity of the Eco-therapy project which 'J' city in 'C' province has been eagerly trying to implement for its regional economic development and also to estimate the potential economic impact of the project on its regional economy. In doing so, it employs system dynamics which is a methodology for studying and managing complex systems, such as one finds in business and other social systems. Analytic framework for this study is constructed, based on the existing theoretical studies. This study concludes that the Eco-therapy Project concerned is economically and financially valid and it is also expected that the regional economic impacts arising from the construction and operation of the facilities concerned are greater than any other project which 'J' city has been pursuing.

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A Study on Welfare Facilities in Private Universities by Disability Types - An Analysis of MyongJi University - (장애유형별 사립대학복지시설에 관한 고찰 - 명지대학교를 중심으로 -)

  • Lee, Myoung-Ju
    • Journal of the Korean Institute of Educational Facilities
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    • v.11 no.6
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    • pp.22-32
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    • 2004
  • Private universities are going through difficulties in improving facilities for the disabled students due to financial reasons. Extension elevators, grips on both sides of the hallways for the visually disabled, handrails on the walls of ramps and stairs in the existing building, and improvement of the dormitory chambers are some items of such facilities in this analysis of MyongJi University. Hence, financial support based on the long-term plans and evaluations from the National Treasury to private universities with financial stringencies, will be a critical promotion in appropriating educational budgets and executing corresponding funds. This will eventually bring equal development of educational welfare for the disabled students among national, public, and private universities.

A Study on New Product Developement Strategy of Food Service Coporation (외식업체의 신상품 개발전략에 관한 연구)

  • 민혜성;김윤태;박면애
    • Culinary science and hospitality research
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    • v.10 no.3
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    • pp.171-189
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    • 2004
  • In the relationship between a strategy and an outcome of new product development, a sample that can most give priority to a cost-price and a consumer is reflected in the result of financial affairs and non-financial affairs the most. A sample that can more give priority to a cost-price more is reflected in the result of financial affairs more. And a sample that can more give priority to a consumer is reflected in the result of non-financial affairs more. In accordance with this consequence, there is a close correlation in the analytical type between a new product developmental strategy and a new product developmental outcome.

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A Study for the Determination of Key Issues in Information Systems Management of Financial Institutions in Korea (우리나라 금융기관 정보시스템 관리에 있어서 핵심과제분야의 파악을 위한 연구)

  • Seo, Gil-Su
    • Asia pacific journal of information systems
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    • v.2 no.2
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    • pp.55-69
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    • 1992
  • There have been several studies on the key issues in information systems (IS) management. This study replicates the Society for Information Management (SIM) survey done in U.S.A. to investigate the key issues in IS management in Korea. This survey focused especially on the professions in financial institutions. A three-round Delphi method was employed to collect the opinions of participants and obtain a reasonable level of consensus about the key IS management issues of financial institutions in Korea. The number one issue identified was top management support, followed by recruitment and development of IS human resources. This article also compares the key IS management issues of financial institutions and those of manufacturing industries in Korea.

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A Development of Safety Inspection Framework for Financial Outsourcing Companies (금융부문 제휴사업자 안전성 합동점검 프레임워크 구축 개발)

  • Shin, Dong-Il;Kim, Young-Tae;Seung, Jae-Mo
    • Proceedings of the Korean Information Science Society Conference
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    • 2011.06d
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    • pp.98-101
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    • 2011
  • 금융회사들은 자사와 제휴 또는 외부 주문하고 있는 사업자들에 대해 전자금융 침해사고 예방을 위한 안전성 점검을 개별적으로 실시하고 있다. 이러한 개별점검 방식은 금융회사와 제휴사업자 모두에게 인력 및 비용, 시간 면에서 비효율적이며 금융회사마다 점검기준이 서로 달라 제휴사업자 측면에서 대응하기가 어려운 상황이다. 따라서 본 논문에서는 금융회사와 제휴 또는 외부 주문하는 사업자들에 대한 개별점검방식의 문제점을 보완할 수 있는 합동점검 프레임워크 구축 개발을 통해 합동점검의 효율성을 기술한다.

Household Financial management Software Development(ll) (가계 재무관리 Software 개발을 위한 연구 (ll))

  • 박명희
    • Journal of the Korean Home Economics Association
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    • v.36 no.2
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    • pp.131-144
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    • 1998
  • The purpose of this study is to develop a household financial management program that helps consumers estimate their present financial status and also enable them to reach their future financial goals. The computer record-keeping bood developed in this study has unique pictures such as 'statistic mode' in the part of planning & budgeting. We use the Family Income and Expenditure Survey produced by the National Statistical Office, Republic of Korea, to derive the predicted average spending patterns of households. Software is developed in Win 95 environmental design, graphical mode at 800x600 and it has 6 different functional parts with producing the spending graphs. We investigate the satisfaction about the software developed to survey 34 households used the program for two months. The results of users responses were quite positive toward the program developed in this study.

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Analysis Framework of General Contractors' Financial Supports for Specialty Contractors (전문건설업체와의 상생협력을 위한 일반건설업체의 재무지원 분석틀 개발에 관한 연구)

  • Lee, Sang-Ok;Kim, Han-Soo
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2008.11a
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    • pp.459-462
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    • 2008
  • The formation of partnering between general contractor and specialty contractor is required for sustainable development of construction industry and mutual benefit. General contractors are operating various kind of supporting program for collaboration. Especially, they are focusing on financial supports as a most effective way. This paper presents a framework for analysing financial supports derived from various systems of categorization.

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How Competitive and Stable is the Commercial Banking Industry in China after Bank Reforms?

  • PARK, KANG H.
    • KDI Journal of Economic Policy
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    • v.38 no.1
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    • pp.53-70
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    • 2016
  • This paper examines market concentration and its effect on competition in the Chinese commercial banking market. This study also investigates how changes in competition have affected the financial stability of Chinese commercial banks. To test the competitive conditions, we obtained the H statistic of the Panzar-Rosse model from a revenue function equation. The degree of financial stability is estimated by the Z-score formula. The Chinese banking industry has become an increasingly less concentrated market with an increased number of banks. Along with a decreased market concentration, competition in the Chinese banking industry has improved moderately. However, its market structure is still far from a competitive market. An individual bank's ability to earn higher markup or charge a higher net interest margin contributes to its financial soundness, although a higher degree of market concentration may have negative effect on the financial stability of the entire banking system.

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R&D Sustainability of Biotech Start-ups in Financial Risk

  • Fujiwara, Takao
    • Asian Journal of Innovation and Policy
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    • v.7 no.3
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    • pp.625-645
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    • 2018
  • This paper's objective is to draw a decision guideline to continue research and development (R&D) investments in biotech start-ups facing the "Valley of Death" syndrome - a long negative profit period during a financial crisis. The data include financial indices as Net income, Revenues, Total stockholders' equity, Cash & equivalents, and R&D expenses of 18 major biotech companies (nine in negative profit and nine positive, in FY2008) and 15 major pharmaceutical corporations as benchmarks both in FY2008 and in FY2016 derived from the US SEC Database, EDGAR. A first methodology dealing with real options analysis assumes Total stockholders' equity as a growth option. And a second methodology, Bayesian Markov chain Monte Carlo (MCMC) analysis, is applied to test the probability relationship between the Total stockholders' equity and the R&D expenses in these three groups. This study confirms that Total stockholders' equity can play the role of a call option to support continuing R&D investments even in negative profits.

The Economic Consistency and the Creditworthiness of Borrower: the Methodical Features of Analysis Using the Concentric Matrix Models

  • VYBOROVA, Elena Nikolaevna
    • East Asian Journal of Business Economics (EAJBE)
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    • v.8 no.4
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    • pp.45-65
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    • 2020
  • Purpose - This paper is to analyze the system and the models of financial analysis in the assessment of economic consistency and the creditability of borrower. To test the process of complex express-analysis, it is utilized by the concentric matrix models by using the matrix of 5×5.. Research design, data, and methodology - The estimation of economic consistency, the creditworthiness, the complex express-analysis with application of concentric matrix models were carried out on the basis of data of the report for the 2017 of corporations POSCO and in the first half of the 2018 Daewoo Shipbuilding & Marine Engineering of South Korea. Results - This paper focused on the unbalance of the corporate financial structure (capital, receivable) and the assessment of sustainability development, taking into account the liquidity, solvency, financial sustainability and economic viability of the enterprise. Conclusions - this paper also consider the theoretical means of regulating receivables. The material is presented in the pedagogical context and appendix of the conclusion.